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29 Jan
10:11

JSW Steel continues strategic acquisition search

Indian steelmaking giant JSW Steel may not close any acquisitions for the financial year ending March 2024 (FY24) after its bid for Canadian mining company Teck Resources fell through in November. However, it continues its search for other coking coal mining asset buying opportunities, Kallanish notes. The search for strategic acquisitions comes as the company aims to better protect itself against rising cost prices and improve its raw materials security, accordin…
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